Soutien aux entreprises technologiques innovantes: Appui aux jeunes entreprises innovantes à fort potentiel de croissance – Bons d’incubation (Support for Innovative Technology Companies: Support for Young Innovative Companies with High Growth Potential – Incubation Vouchers)

By mmuise
Description:

This program provides Quebec's for-profit businesses and social economy businesses grants of 75% of eligible expenses for incubation and acceleration vouchers. Young innovative companies with high growth potential (startups) can access specialized services offered by an incubator, a business accelerator or any other start-up support organization.


Comments on Funding:

The maximum amount of assistance over a period of 18 months cannot exceed $60,000 per company for incubation and acceleration vouchers.

Deadline: January 12, 2024
Eligibility:

Applicants must be for-profit companies and social economy enterprises that:

  • are innovative and high-growth potential (startups) with less than five years of existence;
  • are owned by less than 50% by other companies or organizations;
  • are not created through a consolidation, restructuring, expansion of pre-existing activities, or takeover of such activities;
  • have rights to use the intellectual property of their product or process;
  • allocate a significant portion of their resources (50% or more) to the company's development as well as the design, development, or marketing of their product or process.
  • meet the following conditions:
    a) not be or use services of subcontractors registered in the Register of Companies Ineligible for Public Contracts (RENA);
    b) have fulfilled all obligations related to previous financial assistance from the Government of Quebec or Investissement Québec for at least 2 years;
    c) not be a government-owned corporation or a corporation controlled directly or indirectly by a government (municipal, provincial, or federal), a municipal entity, or companies that are majority-owned by a government-owned corporation;
    d) not be in a state of bankruptcy or insolvency;
    e) not commit ethical violations or offer products or services that could compromise the integrity or question the probity of the Quebec government, even indirectly.
Application Steps:

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Documentation Needed:

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Other Things to Note:

Deadline: January 12, 2024.

About the author
mmuise